NOT LISTED FOR SALE

113 S 6th St Olean, NY 14760

-- Bed
-- Bath
4,140 Sq Ft
3,750 Sq Ft Lot

Last Sold September 14, 2020

Last sale price $140,000 $34 Per Sq Ft

72 Days on Market

Highlights

  • Deck
  • High Speed Internet
  • 4-minute walk to Oak Hill Park
  • Baseboard Heating
  • Vinyl Flooring

About This Home

As of September 2020

7-unit apartments with separated utilities. Very updated apartments, with several recently remodeled. Cap rate of 13%+ ($300 per month in water bills paid by owner, ~$1,500 insurance, 10% vacancy expense, 10% operating expense, taxes of $7,044). Sale includes 94.064-13-40 (vacant land) and 94.064-13-41 (apartment house).

Last Agent to Sell the Property

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 04/09/2020

Howard Hanna Professionals - Olean

Last Buyer's Agent

Paul Pezzimenti

Listing by Howard Hanna Professionals - Olean License #10301214758 Listed on: 04/09/2020

Howard Hanna Professionals - Olean

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,043

Year Built

  • Built in 1935

Lot Details

  • 3,750 Sq Ft Lot
  • Lot Dimensions are 37x100

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 4,140 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Laminate
  • Vinyl

Parking

  • No Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Schools

  • Washington West Elementary School
  • Olean Middle School
  • Olean Senior High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 7 Units
  • 2 Separate Gas Meters

Listing and Financial Details

  • Rent includes water
  • Tax Lot 41
  • Assessor Parcel Number 041200-094-064-0013-041-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,043

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Water
  • Year Built: 1935
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: From W State St, turn onto S 6th St, the property is on the left.
  • Flooring: Laminate, Varies, Vinyl
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built Details: Existing
  • Property Sub Type Additional: Commercial
  • Special Features: None

Interior Features

  • Appliances: Electric Oven, Electric Range, Electric Water Heater, Refrigerator
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.0861
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Gravel Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: One Space, Driveway, No Garage

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Olean
  • Ninth Grade High School: Olean Senior High
  • Middle Or Junior School: Olean Middle

Lot Info

  • Parcel Number: 041200-094-064-0013-041-000-0000
  • Lot Dimensions: 37X100
  • Lot Size Sq Ft: 3750.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 7
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 7043.0
  • Tax Lot: 41

MLS Schools

  • Elementary School: Washington West Elementary

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2020 09/14/20 Sold $140,000 -12.5% $34 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $160,000 -30.4% $39 / Sq Ft
04/08/2020 04/08/20 For Sale $229,900 -- $56 / Sq Ft
Source: Chautauqua-Cattaraugus Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Paul Pezzimenti

    Seller's Agent in 2020

    Paul Pezzimenti

    Howard Hanna

    (716) 378-7039

    194 in this area

    334 Total Sales

    Paul Pezzimenti
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Map

Source: Chautauqua-Cattaraugus Board of REALTORS®

MLS Number: R1260035

Chautauqua-Cattaraugus Board of REALTORS®
New York Cattaraugus County Olean 14760

113 S 6th St, Olean, NY

Not Listed for Sale

MultiFamily

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